Sonoma Allocations LLC Purchases Shares of 10,400 iShares S&P 500 Growth ETF $IVW

Sonoma Allocations LLC acquired a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 10,400 shares of the company’s stock, valued at approximately $1,246,000.

A number of other institutional investors and hedge funds also recently modified their holdings of IVW. AQR Capital Management LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 26.7% during the first quarter. AQR Capital Management LLC now owns 67,130 shares of the company’s stock worth $6,232,000 after buying an additional 14,132 shares in the last quarter. Flaharty Asset Management LLC bought a new position in iShares S&P 500 Growth ETF during the first quarter worth about $26,000. Nova Wealth Management Inc. raised its stake in iShares S&P 500 Growth ETF by 168.3% in the 1st quarter. Nova Wealth Management Inc. now owns 1,937 shares of the company’s stock worth $180,000 after purchasing an additional 1,215 shares in the last quarter. Modern Wealth Management LLC boosted its holdings in iShares S&P 500 Growth ETF by 26.2% in the 1st quarter. Modern Wealth Management LLC now owns 1,105,387 shares of the company’s stock valued at $102,613,000 after purchasing an additional 229,167 shares during the period. Finally, Cim LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 2.4% in the first quarter. Cim LLC now owns 6,613 shares of the company’s stock valued at $614,000 after buying an additional 158 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:IVW opened at $124.66 on Friday. The business’s 50 day simple moving average is $122.93 and its 200 day simple moving average is $118.61. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $126.61. The company has a market capitalization of $67.34 billion, a P/E ratio of 33.33 and a beta of 1.11.

iShares S&P 500 Growth ETF Company Profile

iShares S&P 500 Growth ETF, formerly iShares S&P 500 Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500/Citigroup Growth Index (the Growth Index). The Growth Index measures the performance of the large-capitalization growth sector of the United States equity market. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.